Some companies might engage and pursue this. Most will ask how it’d work, and worry about turning this around so quick. A figure on the numbers? That’s the real issue. Usually, you’d have two or three months to toss the numbers around and reach a conclusion over next year’s rates.
The problem I see...what if half the companies say “no”? Even if five percent say no....you’ve got a big mess.
That's what I figured -- months to do it.
In the meantime people's plans are expiring.
I agree, it would be a big administrative mess.
And who is going to compensate the companies for all of the time and paper involved in this fiasco?
If the insurance companies don’t comply, they’ll surely be blamed for everything.
And just how long is the extension? Until the 2014 elections are over and nobody has to worry?